only purpose it currently serves is to create a situation where we’re under the tyranny of the minority.
Although optimistically a lot of the way the government was designed is to prevent exactly the type of person that Trump is becoming president, tyranny of the minority is part of the system. EC and the senate are definitely designed in a way to prevent the unwashed masses from gaining too much power, and keep in mind when the framers were designing this we're talking only about white land-owning men. Our government's design is progressive for its time compared to a literal monarchy, but it's still clearly designed with a caste system in mind.
So Threads, which is has 140+ million users and has consistently grown since launch without federation is worried about "getting enough users" from the fediverse, which has less than 10 million?
Fedi users are also about a bajillion times less likely to migrate to a Meta product than the other way around. There was the opportunity to catch some people and help grow the fediverse, but between this and the mastodon HOA (pushes glasses umm excuse me you forgot to put a CW warning on your post about flowers a flower killed my dog when I was five and this is very problematic trauma you're causing and your alt-text should be at least 3 paragraphs and include a bibliography) it's likely the fediverse just did what it needed to ensure it stays a niche for like 3 audiences and that more people are stuck with the corpos if they want content that's not about being a communist or using linux.
Anyway, this is a step for Meta to avoid regulatory scrutiny. Everyone keeps saying how Meta is going to destroy the fedi (don't worry, we'll take care of it for them) but no one is saying how. For example, they cut us off? So what? We're cut off right now.